HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Sensex, Nifty trade firm in early deals: IT stocks up after Fed rate cut
Sep-18-2025

Indian equity benchmarks made a gap-up opening on Thursday following broadly positive cues from Asian counterparts after the US Fed delivered a widely expected quarter point interest rates cut to 4.0 percent, citing a shift in the balance of risks. The latest projections from Fed officials also suggest they expect the central bank to lower rates two more times this year. Sensex and Nifty were trading firm in early deals on account of value buying in IT and TECK stocks. Investors remained optimistic over ongoing US-India trade negotiations. Union Commerce Minister Piyush Goyal said relations between India and the US remain positive as leaders of both countries are friends, and asserted that every situation will be addressed satisfactorily. Separately, Goyal expressed confidence that India's exports would grow by around 6 per cent this year compared to the corresponding period in 2024.

The BSE Sensex is currently trading at 83030.71, up by 337.00 points or 0.41% after trading in a range of 82920.76 and 83141.21. There were 21 stocks advancing against 9 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.27%, while Small cap index was up by 0.15%.

The top gaining sectoral indices on the BSE were IT up by 1.27%, TECK up by 0.84%, Telecom up by 0.45%, Realty up by 0.45% and Auto up by 0.31%, while Metal down by 0.25% and Basic Materials down by 0.14% were the only losing indices on BSE.

The top gainers on the Sensex were Infosys up by 1.77%, Sun Pharma up by 1.22%, Hindustan Unilever up by 1.09%, HDFC Bank up by 1.06% and HCL Tech. up by 0.77%. On the flip side, Bajaj Finance down by 1.04%, Bajaj Finserv down by 0.40%, Tata Steel down by 0.38%, Axis Bank down by 0.36% and Bharti Airtel down by 0.28% were the top losers.

Meanwhile, Union Commerce Minister Piyush Goyal has expressed confidence that India's exports would grow by around 6 per cent this year compared to the corresponding period in 2024. Underscoring the country's strong performance in global trade despite challenges, he said discussions on free trade agreements (FTAs) were advancing with several countries. He said ‘I believe we will end the year on a positive note’, and added that discussions on free trade agreements (FTAs) were advancing with several countries.

He noted ‘India's growing strength and the fact that we will be moving in the Amritkal from a $4 trillion economy to a $30 trillion-plus economy clearly show that India is the place to do business. The world would like to work closer with India’. He emphasised that India's domestic momentum and external engagements were reinforcing each other. He said ‘We have recently come out with the lowest unemployment data at 5.1 per cent’. He further said India is the fastest-growing large economy, and the infrastructure thrust and consumer demand expected from GST 2.0 will give another boost to investment, job creation, and expansion of trade and industry.

He highlighted that several countries were actively pursuing FTAs with India. He said ‘With the European Union, we had good discussions in the last round. Their two commissioners of agriculture and trade visited Delhi, and the discussions made rapid progress. We may have another virtual or physical round soon. EU President Ursula von der Leyen and Prime Minister Narendra Modi guided us to complete the negotiations by year-end, and we are continuing to work towards that goal’. Citing the successful free trade pact with the UAE, he said it was the world's fastest FTA.

He noted that the UAE was a ‘gateway for the African region, the Gulf, and Eastern Europe’ and a crucial trading partner for India. He added ‘There is a lot of investment interest from the UAE into India. I am very confident that this partnership will only strengthen further’. He also said similar discussions were underway with Peru, Chile, New Zealand, Oman and others. He noted ‘It is an ongoing process. Many countries want to start discussions on FTAs because India has immense potential’.

The CNX Nifty is currently trading at 25424.85, up by 94.60 points or 0.37% after trading in a range of 25393.80 and 25448.95. There were 33 stocks advancing against 17 stocks declining on the index.

The top gainers on Nifty were Infosys up by 1.97%, Wipro up by 1.89%, Sun Pharma up by 1.35%, HDFC Life Insurance up by 1.00% and HDFC Bank up by 0.99%. On the flip side, Bajaj Finance down by 1.06%, Hindalco down by 0.95%, Apollo Hospital down by 0.57%, Tata Steel down by 0.46% and Bharat Electronics down by 0.35% were the top losers.

Asian markets are trading mostly in green; Nikkei 225 surged 584.62 points or 1.31% to 45,375.00, Taiwan Weighted jumped 269.72 points or 1.06% to 25,707.97, KOSPI increased 43.54 points or 1.28% to 3,456.94, Shanghai Composite strengthened 17.61 points or 0.45% to 3,893.95 and Jakarta Composite gained 8.31 points or 0.1% to 8,033.49. On the other hand, Hang Seng declined 11.39 points or 0.04% to 26,897.00 and Straits Times was down by 2.28 points or 0.05% to 4,321.50.
  RELATED NEWS >>
Most Viewed >>
September 10 , 2025
Govt clears MRP fixes for unsold FMCG inventor
September 11 , 2025
Why are large-cap mutual funds lagging behind
September 13 , 2025
Largecap mutual funds see highest jump in mont
September 15 , 2025
Active mutual fund schemes soften equity marke
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.